The natural resources trap (Record no. 635)

MARC details
000 -LEADER
fixed length control field 01743nam a2200157Ia 4500
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20250117103455.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 250117s9999 xx 000 0 und d
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9780262013796
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 333.7NAT
245 #4 - TITLE STATEMENT
Title The natural resources trap
Remainder of title private investment without public commitment
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Cambridge
Name of publisher, distributor, etc. MIT Press
Date of publication, distribution, etc. 2010
300 ## - PHYSICAL DESCRIPTION
Extent xiv, 519 p. : ill. ; 24 cm.
500 ## - GENERAL NOTE
General note Includes bibliographical references and index
520 ## - SUMMARY, ETC.
Summary, etc. Volatility in commodity prices has been accompanied by perpetual renegotiation of contracts between private investors in natural resource production and the governments of states with mineral and energy wealth. When prices skyrocket, governments want a larger share of revenues, sometimes to the point of nationalization or expropriation; when prices fall, larger state participation becomes a burden and the private sector is called back in. Recent and newsworthy changes in the price of oil (which fell from an all-time high of
-- 47 in mid-2008 to
-- 0 by year's end) are notable for their speed and the steepness of their rise and fall, but the up-and-down pattern itself is not unusual. If the unpredictability of commodity prices is so predictable, why do contracts not allow for this with mechanisms that would provide a more stable commercial framework? In The Natural Resources Trap, top scholars address this question in terms of both theory and practice. Theoretical contributions range across a number of fields, from contract theory to public finance, and treat topics that include taxation, royalties, and expropriation cycles. Case studies examine experiences in the U.K., Bolivia, Argentina, Venezuela, and other parts of the world.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Natural resources -Government policy.
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Date acquired Total checkouts Full call number Barcode Date last seen Price effective from Koha item type
        UONGOZI Institute Resources Centre - Dar es Salaam UONGOZI Institute Resources Centre - Dar es Salaam 01/17/2025   333.7NAT 000635 01/31/2025 01/17/2025 Book